Bitcoin Surges Back Above $103,000 as ETF Inflows Accelerate
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.
Bitcoin powered higher on Monday, reclaiming the $103,000 level with conviction as institutional buying through exchange-traded funds gathered pace once again.
The leading cryptocurrency rose more than 6% in early trading, building on weekend recovery momentum and pushing its market capitalization back toward $2 trillion. Ethereum outperformed with an 8% gain, while major altcoins broadly participated in the rally.
Preliminary data showed spot bitcoin ETFs attracting over $600 million in fresh capital on Friday and Monday combined, marking one of the strongest two-day stretches since launch. BlackRock’s IBIT and Fidelity’s FBTC continued to dominate inflows.
“This is classic institutional accumulation on dips,” said James Butterfill, head of research at CoinShares. “The conviction around regulatory tailwinds and bitcoin’s role as a macro asset is only growing.”
Weekend reports that the Trump transition team is prioritizing crypto-friendly appointments bolstered sentiment. Names circulating for SEC and Treasury roles have deep industry ties, raising hopes for clearer rules and potentially even supportive legislation.
Corporate treasury adoption showed no signs of abating. A major European payments firm revealed it had added bitcoin to its balance sheet, citing portfolio diversification and inflation protection. MicroStrategy, the largest corporate holder, filed to raise additional debt specifically for further bitcoin purchases.
On-chain metrics painted a bullish picture: exchange balances continued to decline, long-term holder supply reached new highs, and the network hash rate surged to another record. These fundamentals underscore growing network security and reduced selling pressure.
Technical analysts highlighted the swift defense of key support levels during last week’s correction. “The speed of this rebound suggests strong underlying demand,” noted Katie Stockton of Fairlead Strategies. “We’re likely to test the recent highs near $108,000 before year-end.”
Options markets reflected heightened optimism, with skew shifting toward calls and implied volatility easing. Many traders are positioning for a traditional year-end rally fueled by tax-loss harvesting rebound and seasonal strength.
Longer-term forecasts from major institutions continue to trend higher. Goldman Sachs and Standard Chartered both raised their 2026 price targets in recent notes, citing potential U.S. policy shifts as a major catalyst.
While short-term volatility remains a feature, the broader narrative of bitcoin maturing into a mainstream asset class appears intact. For many participants, the recent dip served as a healthy reset in an otherwise powerful uptrend.
